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Authorities Busted Cybercrime Platform that Steal Passwords & Card Details


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2024-04-18 09:40:10
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International law enforcement agencies have successfully dismantled a notorious cybercrime platform, LabHost, which facilitated criminals in conducting phishing attacks to steal sensitive information such as passwords, addresses, and card details from unsuspecting victims worldwide. This collaborative effort underscores the increasing global commitment to combating cybercrime and protecting citizens from online fraud. Arrests and Operation Details […]


The post Authorities Busted Cybercrime Platform that Steal Passwords & Card Details appeared first on GBHackers on Security | #1 Globally Trusted Cyber Security News Platform.



International law enforcement agencies have successfully dismantled a notorious cybercrime platform, LabHost, which facilitated criminals in conducting phishing attacks to steal sensitive information such as passwords, addresses, and card details from unsuspecting victims worldwide.





This collaborative effort underscores the increasing global commitment to combating cybercrime and protecting citizens from online fraud.





Arrests and Operation Details





The operation, named Stargrew, saw the Metropolitan Police, the City of London Police, the National Crime Agency (NCA), and Europol joining forces to disrupt and take down LabHost’s network.





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On Wednesday, authorities seized control of LabHost’s fraudulent sites, marking a significant victory against cybercrime.





In a dramatic twist, a video titled ‘LabHost Wrapped’ was sent to its criminal subscribers, taunting them with the police’s success in accessing the stored data and warning them to reconsider their holiday destinations, hinting at the international reach of their crimes.





A total of 37 suspects have been arrested across the UK, including significant apprehensions at Manchester and Luton airports and in Essex and London.





These arrests highlight the tangible impact of international cooperation in the fight against cybercrime, showcasing the ability of law enforcement agencies to work together across borders to dismantle criminal networks.





LBC, a prominent media outlet, has reported that law enforcement officials have successfully dismantled a cybercrime platform used to execute attacks aimed at stealing sensitive information such as passwords and credit card details.





LabHost’s operations have had a devastating impact on victims, with the platform enabling criminals to deceive individuals into surrendering their personal information.





Over 70,000 Brits have been targeted, with more than 25,000 British victims already contacted by the Metropolitan Police to inform them of the compromise to their data.





The scale of the operation is staggering. Police estimate that more than 40,000 fake websites were created, leading to the theft of 480,000 card numbers, 64,000 PINs, and over 1 million passwords.





International Cooperation





The success of Operation Stargrew is a testament to the power of international cooperation in the fight against cybercrime.





Dame Lynne Owens, Deputy Commissioner of the Metropolitan Police Service, emphasized that the operation proves online fraudsters cannot act with impunity and that digital identities and platforms are not beyond the reach of law enforcement.





The Secretary General of Interpol, Jurgen Stock, also highlighted the changing nature of cybercrime. Criminals organize themselves in dynamic, ad-hoc groups, making international collaboration even more crucial.





The dismantling of LabHost marks a significant victory in the ongoing battle against cybercrime. It showcases the effectiveness of international cooperation and the commitment of law enforcement agencies worldwide to protect citizens from online fraud.





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The post Authorities Busted Cybercrime Platform that Steal Passwords & Card Details appeared first on GBHackers on Security | #1 Globally Trusted Cyber Security News Platform.



Source: gbHackers
Source Link: https://gbhackers.com/authorities-busted-cybercrime/


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